Rand Capital (RAND) Operating Expenses (2022 - 2026)
Rand Capital (RAND) recorded quarterly Operating Expenses of $641917.0 in Q1 2026, down 3.55% quarter-over-quarter from $665562.0 in Q4 2025, and down 18.85% on a YoY basis from $791065.0 in Q1 2025.
Rand Capital (RAND) Operating Expenses (2022 - 2026) Analysis & Trends
Rand Capital's Operating Expenses history runs 5 years deep, the most recent figure standing at $641917.0 for Q1 2026.
- In Q1 2026, Operating Expenses fell 18.85% year-over-year to $641917.0; the TTM figure through Mar 2026 stood at $1.0 million (down 76.38% YoY), while the FY2025 annual figure was $1.2 million, down 75.43% from the prior year.
- Operating Expenses was $641917.0 for Q1 2026 at Rand Capital, down from $665562.0 in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $2.7 million in Q2 2024 to a low of -$864159.0 in Q2 2025.
- Historically, Operating Expenses has averaged $715165.5 across 5 years, with a median of $665562.0 in 2025.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 1258.39% in 2023, then slumped 137.12% in 2024.
- A 5-year view of Operating Expenses shows it stood at $371090.0 in 2022, then surged by 173.19% to $1.0 million in 2023, then plunged by 137.12% to -$376286.0 in 2024, then jumped by 276.88% to $665562.0 in 2025, then dropped by 3.55% to $641917.0 in 2026.
- The last three Operating Expenses figures came in at $641917.0 (Q1 2026), $665562.0 (Q4 2025), and $596203.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 3.88 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 2.26 Bn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 3.87 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 4.68 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 2.81 Bn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 3.67 Bn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 1.51 Bn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 3.12 Bn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 1.17 Bn |
| 10 | Rand Capital | 30.52 Mn | 30.19 Mn | - | 641,917.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 641,917.00 |
| Dec 31, 2025 | 665,562.00 |
| Sep 30, 2025 | 596,203.00 |
| Jun 30, 2025 | -864,159.00 |
| Mar 31, 2025 | 791,065.00 |
| Dec 31, 2024 | -376,286.00 |
| Sep 30, 2024 | 1.33 Mn |
| Jun 30, 2024 | 2.65 Mn |
| Mar 31, 2024 | 1.23 Mn |
| Dec 31, 2023 | 1.01 Mn |
| Sep 30, 2023 | 809,936.00 |
| Jun 30, 2023 | 1.31 Mn |
| Mar 31, 2023 | 1.05 Mn |
| Dec 31, 2022 | 371,090.00 |
| Sep 30, 2022 | 498,959.00 |
| Jun 30, 2022 | 96,198.00 |
| Mar 31, 2022 | 345,378.00 |